Dime Bank Foundation Inc
Dime Bank Foundation Inc is a private foundation based in Norwich, Connecticut. Established by Dime Bank in 1998, it supports organizations and programs that improve community well-being by providing, strengthening, or enhancing services to individuals.
Dime Bank Foundation Inc at a glance
In short: Dime Bank Foundation Inc gave $282K across 71 grants in 2025 (avg $4K), mostly in Connecticut. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $282,206
- -16.9% vs 2024
- Grants made (2025)
- 71
- +7000.0% vs 2024
- Average grant
- $3,975
- -98.8% vs 2024
- Median grant
- $3,000
- Total assets
- $7,548,259
- +13.2% vs 2024
- Primary geography
- Connecticut (89% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Dime Bank Foundation Inc
- How to Apply
-
Submit a written grant application with the required materials. The foundation’s filing states that applications are restricted by the geographic area served by Dime Bank.
- Review Cycle
- The 2026 application deadlines are March 3, June 3, and September 9.
- Deadline
- The 2026 application deadlines are March 3, June 3, and September 9.
- Contact
Application contact: Deirdre Sullivan Secretary
Mailing address: 290 Salem Turnpike, Norwich, CT 06360
Phone: (860) 859-4300
Email: dsullivan@dime-bank.com
Website: https://dime-bank.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Dime Bank Foundation Inc
Who Dime Bank Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Rebuilding Together of Manchester ($15K). Together the top 10 received $84K.
Organizations only. It also paid 3 grants to individuals ($16,500), which are not listed by name.
Grant Size Distribution
261 grants across all recorded years
The most common grant size was under $50K: 260 grants of 261 (100%).
Geographic Focus
Where this funder awards grants
The foundation says applicants should primarily serve residents of New London County; Glastonbury, Manchester, Vernon, East Hartford, and Marlborough, Connecticut; or Westerly, Hopkinton, and Richmond, Rhode Island. Its 2025 grant dollars went to recipients in Connecticut (89%), Rhode Island (8%), and Pennsylvania (3%).
Grant Distribution by State
Share of 2025 grant dollars across all 71 itemized grants.
Cities
How Dime Bank Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (+1%). Method
- In 2025 it paid out 82% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $221K (2020) to $340K (2024). In 2025 it made 71 grants totaling $282K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Rebuilding Together of Manchester Manchester, CT | Critical home repairs, accessibility modifications, and safety improvements for low-income homeowners in manchester. | $15,000 |
| Operation Warm Philadelphia, PA | Coat and shoe distribution to children in dime's service area. | $9,000 |
| 3 grants to individuals Recipients not named | — | $16,500 |
| Connecticut Food Share Wallingford, CT | Funding to support mobile food pantry operations in dime's service area. | $7,500 |
| Hockanum Valley Community Council Vernon, CT | Funding is requested in support of the outpatient mental health and substance abuse clinic. | $7,500 |
| Martin House Inc Norwich, CT | Meal Expenses for Clients. | $7,500 |
| New London Youth Affairs New London, CT | Early childhood family center which addresses school readiness by supporting families' basic needs and facilitating preschool placements. | $7,500 |
| Operation Fuel Hartford, CT | Funds will provide emergency energy assistance grants to low-moderate income families living in new London county. | $7,500 |
| Covenant Shelter of New London Inc New London, CT | Essential shelter services for homeless individuals and families in se ct. | $6,000 |
| Thames River Community Service Inc Norwich, CT | Economic Security and Housing Stability Program. | $6,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $7,548,259 | $251,078 | $306,767 | $282,206 | 71 | $284,306 | $248,978 | $346,324 |
| 2024 | $6,666,390 | $287,802 | $338,073 | $339,608 | 1 | $341,608 | $285,802 | $312,864 |
| 2023 | $5,923,425 | $215,705 | $291,164 | $259,662 | 59 | $261,187 | $214,180 | $270,448 |
| 2022 | $5,304,249 | $281,910 | $284,341 | $278,729 | 72 | $280,442 | $280,460 | $271,144 |
| 2021 | $6,258,941 | $310,125 | $245,509 | $239,769 | 58 | $241,219 | $308,675 | $275,774 |
| 2020 | $5,135,998 | $191,551 | $217,743 | $220,802 | 64 | — | $190,101 | $224,180 |
| 2019 | $4,896,353 | $216,127 | $227,142 | $221,357 | 79 | — | $215,141 | $224,112 |
Under IRS private-foundation payout rules, Dime Bank Foundation Inc reported a distributable amount of $346K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s mission is to improve the well-being and quality of life of community members by funding organizations or programs that provide, strengthen, or enhance services to individuals. Its priorities include affordable housing; basic human services for people considered most at risk; education, job training, and literacy, especially programs promoting self-sufficiency; collaborative efforts; and services for at-risk or underserved children, families, and older adults, with emphasis on low- and moderate-income communities.
Its 2025 grants illustrate support for human services, housing stability, food access, energy assistance, children’s programs, and mental health and substance-use services. For example, Martin House describes its work as providing a nurturing community, housing, and food for people with limited incomes, including people recovering from mental illness and addictions. Thames River Community Service describes its mission as providing safe housing and support services for families and individuals experiencing homelessness. Operation Warm describes its mission as connecting under-resourced children with basic-needs programs and community resources.
Eligible applicants include organizations recognized as exempt under Section 501(c)(3) and governmental units referred to in Section 170(c)(1). The foundation generally does not fund fundraising or capital campaigns, organizations that fund other organizations, political or fraternal organizations, religious institutions, or parent-run organizations.
Grantmaking
In 2025, the foundation reported 71 grants totaling $282,206. Grant amounts ranged from $1,000 to $15,000, with a median of $3,000. Notable grants included $15,000 to Rebuilding Together of Manchester for critical home repairs and safety improvements for low-income homeowners; $9,000 to Operation Warm for coat and shoe distribution to children in Dime’s service area; and $7,500 each to Connecticut Food Share for mobile food pantry operations, Operation Fuel for emergency energy assistance, Martin House for client meal expenses, and Hockanum Valley Community Council for its outpatient mental health and substance-abuse clinic.
Applicants submit a written grant application and supporting materials. The application requests a written proposal covering project objectives, plans, location and duration, expected beneficiaries, and budget, along with the organization’s governing-board list or organizational structure, its most recent financial statement and program brochure, and its IRS tax-classification letter. A post-grant report is required within one year of receiving funding and before submitting a new application.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Nicholas Caplanson as president; John Lund as vice president and treasurer; and Deirdre Sullivan as secretary. Directors listed are Dr. Mark E. Tramontozzi, Lee-Ann Gomes, Steven L. Bokoff, Peter Maneri, Bonnie Stewart, Paul Maxfield, and Jenny Wronowski.
Dime Bank Foundation Inc is led by Nicholas Caplanson, President since 2025 (on filings since 2019); none of the 10 officers listed in 2025 report compensation.
Officers on the 2025 filing
Nicholas Caplanson
President
President & Director → President, 2025
On filings since 2019
1 hr/week
No compensation reported
Lee-Ann Gomes
Director
On filings since 2019
1 hr/week
No compensation reported
Mark E. Tramontozzi
Director
On filings since 2019
1 hr/week
No compensation reported
Peter Maneri
Director
On filings since 2019
1 hr/week
No compensation reported
Steven L. Bokoff
Director
On filings since 2019
1 hr/week
No compensation reported
Bonnie Stewart
Director
On filings since 2020
1 hr/week
No compensation reported
Paul Maxfield
Director
On filings since 2020
1 hr/week
No compensation reported
Jenny Wronowski
Director
New on the 2025 filing
1 hr/week
No compensation reported
Deirdre Sullivan
Secretary
On filings since 2019
1 hr/week
No compensation reported
John Lund
Vice President & Treasurer
On filings since 2024
1 hr/week
No compensation reported
Former officers (5)
- Former: Atty Linda L Mariani (2019–2024) — Director
- Former: Cheryl Calderado (2019–2023) — Vice President
- Former: David Stanland (2019–2023) — Vice President & Treasurer
- Former: Robert A. Staley (2019–2020) — Director
- Former: Roland J. Harris (2019–2020) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Dime Bank Foundation Inc
How much does Dime Bank Foundation Inc give each year?
Dime Bank Foundation Inc gave $282K across 71 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $340K across 1 grant.
What is Dime Bank Foundation Inc's typical grant size?
Dime Bank Foundation Inc's median grant in 2025 was $3,000, and its average grant was $3,975, across 71 grants on its 2025 IRS Form 990-PF.
Where does Dime Bank Foundation Inc give grants?
Dime Bank Foundation Inc gives mostly in Connecticut: 89% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Rhode Island (8%). The most frequent recipient cities were New London, CT (11 grants), Norwich, CT (6 grants), Manchester, CT (5 grants) and Niantic, CT (3 grants).
Does Dime Bank Foundation Inc give general operating support?
Occasionally: 3% of Dime Bank Foundation Inc's 2025 grants with a stated purpose (2 of 71) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Dime Bank Foundation Inc's largest grantees?
Dime Bank Foundation Inc's largest 2025 grantees include Rebuilding Together of Manchester ($15,000), Hockanum Valley Community Council ($12,500 across 2 grants) and Operation Warm ($9,000), according to its 2025 IRS Form 990-PF. It also paid 3 grants to individuals ($16,500), which are not listed by name. Together they received 13% of its itemized 2025 grant dollars.
How large is Dime Bank Foundation Inc?
Dime Bank Foundation Inc reported $7.5M in total assets on its 2025 IRS Form 990-PF. It paid out $284K in qualifying distributions that year, against a required minimum of $346K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Dime Bank Foundation Inc fund?
The foundation’s mission is to improve the well-being and quality of life of community members by funding organizations or programs that provide, strengthen, or enhance services to individuals. See mission & focus areas ↑
How do I apply for a grant from Dime Bank Foundation Inc?
Submit a written grant application with the required materials. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Dime Bank Foundation Inc's EIN?
Dime Bank Foundation Inc's EIN (Employer Identification Number) is 06-1507800. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS April 14, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 16, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 28, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 24, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 26, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 9, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 22, 2026)
- IRS filings on file for fiscal years 2019–2025
Explore Open Grants
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Cite this profile
Grantable. (2026). Dime Bank Foundation Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/dime-bank-foundation-inc-morg_f01db7450b13489ea7793152f7a9f706
BibTeX
@misc{grantable_061507800_2026,
author = {{Grantable}},
title = {{Dime Bank Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/dime-bank-foundation-inc-morg_f01db7450b13489ea7793152f7a9f706},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Dime Bank Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Dime Bank Foundation Inc down — hundreds of funders to go?